Dec 7, 2022 | FinTech, News
More Consumers Turning to Buy Now Pay Later for Holiday Shopping A recent report by software and market-research company Adobe Analytics found that the number of buy now, pay later (BNPL) purchases rose 68 percent during the week of Black Friday (November 21 through...
Dec 5, 2022 | Federal Regulation, News
Senate Banking Committee Holds Nomination Hearing for Gruenberg to Lead FDIC The U.S. Senate Committee on Banking, Housing, and Urban Affairs held a nomination hearing last week for Martin Gruenberg to be chairman of the Federal Deposit Insurance Corp. (FDIC)....
Dec 2, 2022 | Financial Literacy, News
More Than Half of Adults Have Delayed a Major Financial Milestone Due to State of Economy A recent Bankrate.com survey found that 53 percent of American adults have delayed a major financial milestone because of the state of the economy, including milestones like...
Nov 30, 2022 | Banks & Credit Unions, News
Wells Fargo Launches Small Dollar Loan, Offering Customers $250 or $500 for Flat Fee Wells Fargo recently launched a new financial product, called Flex Loan, which is marketed as a small dollar loan to help customers meet short-term cash needs. The loan is available...
Nov 28, 2022 | Congressional Legislation, News
McHenry Outlines Plans for House Financial Services Committee in Next Congress Rep. Patrick McHenry (R-N.C.), who is expected to Chair the House Financial Services Committee beginning in January 2023 with Republicans taking the majority in November’s elections,...
